IPOs & Public Markets on Pulse — Page 5

Tech IPOs, public-market debuts, and what each one means for the exit environment.

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Oct 16, 2026
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IPO

Marvell, Rubrik, SentinelOne Beat -- Stocks Fall Anyway

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IPO

Marvell, Rubrik, SentinelOne Beat -- Stocks Fall Anyway

Marvell, Rubrik and SentinelOne all beat quarterly estimates and raised or met guidance, yet all three stocks fell, a signal that investors are pricing AI-adjacent names for perfection rather than just growth.

THE VC READ
IPO

Nvidia Now Carries $366B in Future Commitments

Illustration for: Nvidia Now Carries $366B in Future Commitments
IPO$366B in commitments

Nvidia Now Carries $366B in Future Commitments

Nvidia disclosed $366 billion of future commitments -- including $279 billion of supply and capacity, up from $119 billion -- while quarterly free cash flow fell from $48.5 billion to $21.3 billion.

DEEP DIVE
IPO

DeepSeek Hunts Outside Capital Before a STAR Listing

Illustration for: DeepSeek Hunts Outside Capital Before a STAR Listing
IPOUp to $71B valuation

DeepSeek Hunts Outside Capital Before a STAR Listing

DeepSeek is seeking new outside capital at a valuation reported as high as $71 billion, unable to lean on founder Liang Wenfeng's hedge fund, as it aims for a Shanghai STAR Market listing as early as Q2 2027.

DEEP DIVE
IPO

2026 Is Already a Record Year for Tech IPOs

Illustration for: 2026 Is Already a Record Year for Tech IPOs
IPO235 IPOs YTD

2026 Is Already a Record Year for Tech IPOs

US tech IPOs have already topped 235 listings in 2026 with Q2 setting an all-time quarterly record, and OpenAI and Anthropic are both racing toward listings that could each rival or exceed SpaceX's record-setting June debut.

DEEP DIVE
IPO

Anthropic Pitches a $30 Trillion Market, OpenAI Slips

Anthropic Pitches a $30 Trillion Market, OpenAI Slips logo
IPO$30T claimed TAM

Anthropic Pitches a $30 Trillion Market, OpenAI Slips

Anthropic is preparing to tell IPO investors its addressable market tops $30 trillion, exceeding SpaceX's record TAM claim, while OpenAI's CFO has told employees a public listing is more likely in 2027 than 2026.

DEEP DIVE
IPO

Rivian Loses Its CFO to GE Vernova

Illustration for: Rivian Loses Its CFO to GE Vernova
IPO

Rivian Loses Its CFO to GE Vernova

Claire McDonough is leaving Rivian on Oct. 30 after nearly six years as CFO to take the same role at GE Vernova, with VP of finance Derek Mulvey stepping in on an interim basis.

DEEP DIVE
IPO

CrowdStrike, Okta Post Best Days Ever on AI Demand

CrowdStrike, Okta Post Best Days Ever on AI Demand logo
IPO

CrowdStrike, Okta Post Best Days Ever on AI Demand

CrowdStrike and Okta both surged on quarterly earnings beats and raised guidance, with executives citing accelerating AI-driven security threats as a demand driver for both companies' platforms.

DEEP DIVE
IPO

IREN Raises AI Cloud Revenue Target to $4B

Illustration for: IREN Raises AI Cloud Revenue Target to $4B
IPO$4B+ AI cloud target

IREN Raises AI Cloud Revenue Target to $4B

IREN raised its 2026 AI cloud revenue target above $4 billion after signing $2.8 billion in new multi-year contracts, even as it posted a quarterly loss wider than analysts expected.

DEEP DIVE
IPO

CrowdStrike Rallies as Its CEO Sells the AI Gap

CrowdStrike Rallies as Its CEO Sells the AI Gap logo
IPO

CrowdStrike Rallies as Its CEO Sells the AI Gap

CrowdStrike CEO George Kurtz argues AI is exposing security gaps legacy tools cannot handle, a thesis carrying the stock through a comeback rally that Jim Cramer says still has room to run.

DEEP DIVE
IPO

CoreWeave Surges 20% on a $104B Revenue Backlog

CoreWeave Surges 20% on a $104B Revenue Backlog logo
IPO$104B revenue backlog

CoreWeave Surges 20% on a $104B Revenue Backlog

CoreWeave's stock jumped roughly 20% after second-quarter revenue nearly doubled from a year earlier to $2.58 billion and the company disclosed a $104 billion revenue backlog anchored by AI cloud demand.

DEEP DIVE
IPO

Why This Week's IPO Pipeline Is All Micro-Caps

Illustration for: Why This Week's IPO Pipeline Is All Micro-Caps
IPO12 S-1 filings

Why This Week's IPO Pipeline Is All Micro-Caps

This week's SEC filing wave is dominated by small, often distressed public companies doing dilutive registrations rather than marquee venture-backed IPOs -- a reminder the S-1 pipeline and real IPO news are different datasets.

BY THE NUMBERS
IPO

Reliance Global Group Files Fresh S-1 for Dilution

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IPOS-1 registration

Reliance Global Group Files Fresh S-1 for Dilution

Insurance-tech roll-up Reliance Global Group filed another S-1 registration, its latest in a string of dilutive capital raises this year that has repeatedly pressured the already-small-cap stock.

DEEP DIVE
IPO

Reliance Global Group Files S-1 for 16.1M White Lion Resale Shares

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IPO16.1M resale shares

Reliance Global Group Files S-1 for 16.1M White Lion Resale Shares

InsurTech roll-up Reliance Global Group (EZRA) filed an S-1 registering 16.1 million resale shares tied to its expanded $50 million White Lion equity line, as commission income fell to $2.1 million in Q2 -- down a third year over year.

DEEP DIVE
IPO

Ocean Power Tech Files S-1 Amid Delisting Risk

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IPOS-1 registration

Ocean Power Tech Files S-1 Amid Delisting Risk

Ocean Power Technologies filed a new S-1 registration days after NYSE American flagged it for late-filing its annual report, a compliance scramble it resolved by filing its 10-K just before this week's capital-raise registration.

DEEP DIVE
IPO

Big Tech Is Hiding $3 Trillion of AI Bills in Footnotes

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IPO$3T off balance sheet

Big Tech Is Hiding $3 Trillion of AI Bills in Footnotes

Nine large tech companies carry roughly $3 trillion of off-balance-sheet commitments tied to AI, about five times their combined reported capex and triple what they owe on leases and long-term borrowings.

DEEP DIVE
IPO

This Week's SEC Filing Wave: 10+ New S-1s Land

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IPO

This Week's SEC Filing Wave: 10+ New S-1s Land

More than a dozen companies filed S-1 registration statements with the SEC in a single week, spanning defense-tech, biotech, gaming and micro-cap issuers -- a snapshot of how much routine filing volume runs through EDGAR weekly.

BY THE NUMBERS
IPO

Dare Bioscience Files S-1 After $5.3M Stock Offering

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IPO$5.3M raise

Dare Bioscience Files S-1 After $5.3M Stock Offering

Women's health biopharma Dare Bioscience filed a new S-1 tied to a $5.3 million registered direct offering that closed in August, as the sub-$1 stock works to fund Phase 3 trials for its hormone-free contraceptive Ovaprene.

DEEP DIVE
IPO

Starfighters Space Amends S-1 After PIPE Closing

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IPO

Starfighters Space Amends S-1 After PIPE Closing

Starfighters Space, which flies a fleet of seven Mach 2+ F-104 fighter jets from Cape Canaveral toward a suborbital launch license, filed an S-1/A registering resale shares from a May 2026 PIPE placed by Cantor Fitzgerald.

DEEP DIVE
IPO

Small-Cap S-1 Bundle: Dare Bioscience, RZ Wellness

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IPO

Small-Cap S-1 Bundle: Dare Bioscience, RZ Wellness

Dare Bioscience registered resale shares tied to an August warrant placement, while RZ Wellness amended its S-1 to sell 5.5 million shares at 3 cents apiece for a $165,000 OTCQB offering -- among the smallest public raises on record.

BY THE NUMBERS
IPO

Sadot Group Warns of 'Going Concern' in S-1/A

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IPO$200M financing package

Sadot Group Warns of 'Going Concern' in S-1/A

Sadot Group filed an amended S-1 registering 4.25 million resale shares tied to a $200 million financing package, disclosing a going-concern warning, a $13.6 million working-capital deficit and zero commodity revenue for the quarter.

DEEP DIVE
IPO

Capstone 72 Files to List Its Home-Flipping REIT

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IPO

Capstone 72 Files to List Its Home-Flipping REIT

Capstone 72, a Cleveland-founded single-family home renovation and resale platform, amended its S-11 to price shares at $4 and list on Nasdaq under CAPI, targeting expansion into Los Angeles, the Bay Area and Chicago in 2026.

DEEP DIVE
IPO

Southern Cross Acquisition II Prices $75M SPAC IPO

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IPO$75M SPAC IPO

Southern Cross Acquisition II Prices $75M SPAC IPO

Southern Cross Acquisition II priced a downsized $75 million SPAC IPO on Nasdaq, cutting its offering by 25% from an original 10 million units to 7.5 million ahead of trading under ticker SCATU.

DEEP DIVE
IPO

Failed Crypto SPAC Rebrands as Velos, Extends Runway

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IPO

Failed Crypto SPAC Rebrands as Velos, Extends Runway

M3-Brigade Acquisition V Corp renamed itself Velos Acquisition I Corp after its business combination with digital-asset firm ReserveOne collapsed, with shareholders extending the SPAC's deadline to August 2027.

DEEP DIVE
IPO

Two More S-1s Land: Enhanced Group, Serina Therapeutics

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IPO

Two More S-1s Land: Enhanced Group, Serina Therapeutics

Enhanced Group filed a new S-1 on August 25 while biotech Serina Therapeutics registered up to 12.5 million shares for sale to Roth Principal Investments, two more entries in this week's dense small-cap SEC filing pipeline.

BY THE NUMBERS
IPO

Shein Prices Hong Kong IPO at $27B, Down 70% From Peak

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IPO

Shein Prices Hong Kong IPO at $27B, Down 70% From Peak

Shein launched its long-delayed Hong Kong IPO at a valuation of roughly $27 billion, a 70% drop from the $98.2 billion private-market mark it carried in 2022, as revenue growth has nearly stalled.

FOLLOW-UP
IPO

Ten SPAC and S-1 Filings Hit the Tape in 48 Hours

Illustration for: Ten SPAC and S-1 Filings Hit the Tape in 48 Hours
IPO

Ten SPAC and S-1 Filings Hit the Tape in 48 Hours

At least ten S-1 and SPAC registration filings landed with the SEC over August 24-25, 2026, spanning energy, biotech, fuel delivery and five separate blank-check companies.

BY THE NUMBERS
IPO

Ocean Power Technologies Files S-1 for New Offering

Illustration for: Ocean Power Technologies Files S-1 for New Offering
IPO

Ocean Power Technologies Files S-1 for New Offering

Ocean Power Technologies, a publicly traded wave-energy and marine-robotics company built around its PowerBuoy platform, filed a new S-1 registration with the SEC on August 25, 2026.

DEEP DIVE
IPO

Ingenic Semiconductor Launches $410M Hong Kong IPO

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IPO$410M

Ingenic Semiconductor Launches $410M Hong Kong IPO

Beijing-based fabless chipmaker Ingenic Semiconductor launched a Hong Kong share offering to raise up to $410 million, joining a wave of mainland Chinese chip companies tapping Hong Kong's capital markets for international expansion.

DEEP DIVE
IPO

EquityZen's Haslett on the AI-vs-SaaS Secondary Divide

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IPO

EquityZen's Haslett on the AI-vs-SaaS Secondary Divide

EquityZen's Phil Haslett says private-market secondaries now trade at an average 38% discount to last funding round, but AI-native startups from 2023 onward are pricing at premiums while 2021-vintage SaaS names sell at steep markdowns.

DEEP DIVE
IPO

Oura Eyes September IPO at $16B-Plus Valuation

Oura Eyes September IPO at $16B-Plus Valuation logo
IPO

Oura Eyes September IPO at $16B-Plus Valuation

Smart ring maker Oura is reportedly planning a US IPO as soon as September that could raise up to $3 billion and value the company above $16 billion, roughly 50% higher than its valuation less than a year ago.

DEEP DIVE
IPO

Rainier Acquisition Corp Amends S-1 for Up to $86M Blank-Check IPO

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IPO$86M

Rainier Acquisition Corp Amends S-1 for Up to $86M Blank-Check IPO

Rainier Acquisition Corp, a Cayman Islands blank-check company formerly named Chardan Healthcare Acquisition 4, filed an amended S-1 on August 24 for an offering of up to 8.625 million units, with $75 million to $86.25 million headed into trust.

DEEP DIVE
IPO

Heyer Brothers File S-1 for Haymaker SPAC No. 5

Illustration for: Heyer Brothers File S-1 for Haymaker SPAC No. 5
IPO

Heyer Brothers File S-1 for Haymaker SPAC No. 5

Steven and Andrew Heyer filed an S-1 for Haymaker Acquisition Corp V, their fifth consumer-focused blank-check company after prior SPACs that took OneSpaWorld, ARKO and Biote public.

DEEP DIVE
IPO

Polar Power Files New S-1 for DC Systems Maker

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IPO

Polar Power Files New S-1 for DC Systems Maker

Polar Power, a Gardena, California maker of DC power and hybrid solar systems for telecom, military and off-grid customers, filed a new S-1 registration with the SEC on August 24, 2026.

DEEP DIVE
IPO

Live Oak Merchant Files S-1 for Sixth SPAC Vehicle

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IPO

Live Oak Merchant Files S-1 for Sixth SPAC Vehicle

Live Oak Merchant Partners filed an S-1 for Live Oak Acquisition Corp VI, its sixth blank-check company, after prior vehicles took Danimer Scientific and Navitas Semiconductor public and merged Live Oak V with Teamshares in June.

DEEP DIVE
IPO

Trump Bought SpaceX Shares Weeks After Its Blockbuster IPO

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IPO

Trump Bought SpaceX Shares Weeks After Its Blockbuster IPO

President Trump purchased SpaceX shares roughly two weeks after the company's blockbuster IPO, a disclosure that raises fresh conflict-of-interest questions given SpaceX's extensive federal contracts.

DEEP DIVE
IPO

Essential Minerals Acquisition Corp Files S-1 for $150M Blank-Check IPO

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IPO$150M

Essential Minerals Acquisition Corp Files S-1 for $150M Blank-Check IPO

Essential Minerals Acquisition Corp, a Cayman Islands blank-check company targeting critical-minerals deals, filed an S-1 on August 24 for a proposed offering of 15 million units at $10 apiece, tying SPAC issuance directly to the supply chains feeding AI and.

DEEP DIVE
IPO

Oura Eyes September IPO at $16B+ Valuation

Oura Eyes September IPO at $16B+ Valuation logo
IPO$16B+ valuation

Oura Eyes September IPO at $16B+ Valuation

Smart-ring maker Oura is reportedly preparing a US IPO as soon as September that could raise up to $3 billion at a valuation above $16 billion, nearly 50% above the $11 billion mark it carried after an $875 million round last year.

DEEP DIVE
IPO

Serina Therapeutics Files to Sell Shares for Parkinson's Drug

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IPO

Serina Therapeutics Files to Sell Shares for Parkinson's Drug

Biotech Serina Therapeutics filed an S-1 covering up to 12.5 million shares tied to a stock purchase agreement, funding continued development of its lead Parkinson's disease candidate SER-252 built on its POZ drug-delivery platform.

DEEP DIVE
IPO

Polar Power Files S-1 as Off-Grid Demand Grows

Illustration for: Polar Power Files S-1 as Off-Grid Demand Grows
IPO

Polar Power Files S-1 as Off-Grid Demand Grows

Polar Power, a Gardena, California maker of DC power systems for telecom towers, defense sites and off-grid installations, filed an amended S-1, its second registration statement in under a month.

BY THE NUMBERS
IPO

Miami Beach's NextNRG Files S-1 for Mobile Fuel Delivery

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IPO

Miami Beach's NextNRG Files S-1 for Mobile Fuel Delivery

NextNRG, a Miami Beach-based on-demand and subscription mobile fuel delivery company led by CEO Michael Farkas, filed a new Form S-1 on August 24 alongside a Series C preferred stock issuance, as its fleet-fueling business scales.

DEEP DIVE
IPO

Shein Targets a $26 Billion IPO Valuation

Illustration for: Shein Targets a $26 Billion IPO Valuation
IPO$26B

Shein Targets a $26 Billion IPO Valuation

Shein expects to price its long-delayed listing at a valuation around $26 billion, well below the $66 billion mark it carried in its 2023 private round.

DEEP DIVE
IPO

Nine New SEC Filings Test a Crowded IPO Calendar

Illustration for: Nine New SEC Filings Test a Crowded IPO Calendar
IPO

Nine New SEC Filings Test a Crowded IPO Calendar

Nine new SEC registration statements filed August 24, spanning energy, biotech, minerals and blank-check issuers, show smaller companies still testing public markets this week.

DEEP DIVE
IPO

Five New S-1 Filings Show the IPO Window Stays Open

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IPO

Five New S-1 Filings Show the IPO Window Stays Open

A fresh batch of SEC S-1 filings spanning energy, biotech and blank-check issuers shows smaller companies continuing to test the public market even as headline IPO attention stays on mega-cap listings.

BY THE NUMBERS
IPO

GridAI Technologies Amends S-1 for Grid Software Listing

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IPO

GridAI Technologies Amends S-1 for Grid Software Listing

GridAI Technologies Corp has amended its S-1 to pursue a public listing for its AI-driven grid management software, betting utilities will pay for automated load-balancing as data-center demand strains capacity.

DEEP DIVE
IPO

Unitree's 460% IPO Pop Was Normal for China

Unitree's 460% IPO Pop Was Normal for China logo
IPO

Unitree's 460% IPO Pop Was Normal for China

Unitree's robot maker debut surged 460% on its first day, an outcome that reflects the structure of Chinese IPO pricing rules more than unique enthusiasm for the company.

DEEP DIVE
IPO

Nvidia and Salesforce Earnings Take the Spotlight

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IPO

Nvidia and Salesforce Earnings Take the Spotlight

Nvidia and Salesforce report into a market that has grown skeptical of AI capex, making guidance more consequential than the quarters themselves.

DEEP DIVE
IPO

Holtec Nuclear Amends S-1 as SMR Demand Meets AI Power

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IPO

Holtec Nuclear Amends S-1 as SMR Demand Meets AI Power

Holtec Nuclear Corp has amended its S-1 filing as small modular reactor developers ride growing data-center power demand into the public markets.

DEEP DIVE
IPO

Anthropic and OpenAI's Parallel Paths to Going Public

Anthropic and OpenAI's Parallel Paths to Going Public logo
IPO

Anthropic and OpenAI's Parallel Paths to Going Public

Anthropic and OpenAI both have draft S-1s in motion, but their public postures differ sharply -- Anthropic racing toward a size comparable to SpaceX, OpenAI's CFO explicitly declining to treat the process as a race.

DEEP DIVE
IPO

Anthropic's IPO Filing Will Flag AI Backlash as Risk

Anthropic's IPO Filing Will Flag AI Backlash as Risk logo
IPO

Anthropic's IPO Filing Will Flag AI Backlash as Risk

Anthropic's forthcoming IPO filing will include AI backlash -- public and regulatory skepticism toward the industry -- as a formal risk factor, sources tell CNBC, an unusually candid disclosure for a company chasing SpaceX's record size.

FOLLOW-UP
IPO

Anthropic Eyes IPO Big Enough to Beat SpaceX

Anthropic Eyes IPO Big Enough to Beat SpaceX logo
IPO

Anthropic Eyes IPO Big Enough to Beat SpaceX

Anthropic is preparing to file publicly for an IPO it expects to match or exceed SpaceX's record-setting size, with some investors modeling a valuation above $2 trillion.

DEEP DIVE
IPO

2026 US IPO Volume Nears the 2021 Record

Illustration for: 2026 US IPO Volume Nears the 2021 Record
IPO

2026 US IPO Volume Nears the 2021 Record

US companies have raised roughly $160.6 billion in IPO proceeds through August 19, putting 2026 within reach of 2021's full-year record of $175 billion even before Anthropic's own listing is counted.

DEEP DIVE
IPO

Three Biotechs File S-1s in the Same Week

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IPO

Three Biotechs File S-1s in the Same Week

Tempest Therapeutics, Aptevo Therapeutics and Alzamend Neuro all filed S-1 registration statements this week, a reminder that the biotech IPO pipeline keeps moving even in a news cycle dominated by trillion-dollar AI listings.

DEEP DIVE
IPO

Three SPACs File This Week Hunting for Targets

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IPO

Three SPACs File This Week Hunting for Targets

Dune Acquisition Corp III, Albatross Acquisition Corp and Three Lions Acquisition Corp all filed amended S-1 registrations this week, adding to a modest but real pipeline of blank-check vehicles still working through the SEC process.

DEEP DIVE
IPO

Defense Tech's Private Funding Boom Builds Toward IPOs

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IPO

Defense Tech's Private Funding Boom Builds Toward IPOs

Crunchbase's roundup of this week's biggest funding rounds shows defense tech and AI infrastructure leading private capital deployment, increasingly feeding a public defense-tech IPO pipeline rather than staying purely private.

DEEP DIVE
IPO

The Defense-Space IPO Ladder, By the Numbers

Illustration for: The Defense-Space IPO Ladder, By the Numbers
IPO

The Defense-Space IPO Ladder, By the Numbers

This week's Castelion, Lyntris and Gravitics numbers together show a wide split in how public and private markets are pricing defense and space companies at almost the same moment.

BY THE NUMBERS
IPO

Where 2026's Record IPO Money Is Actually Landing

Illustration for: Where 2026's Record IPO Money Is Actually Landing
IPO

Where 2026's Record IPO Money Is Actually Landing

Break 2026's roughly $160B in IPO proceeds down by sector and it's concentrated in a handful of mega-deals -- space, AI and defense -- while smaller biotech, SPAC and fintech listings continue at a steadier pace underneath.

DEEP DIVE
IPO

2026's SPAC Comeback, Read Through Three Deals

Illustration for: 2026's SPAC Comeback, Read Through Three Deals
IPO

2026's SPAC Comeback, Read Through Three Deals

Three SPAC deals in as many weeks -- Karman Line's blank-check filing, FORT Robotics' $557M merger, and a new physical-AI safety category -- show the SPAC structure quietly finding real footing again in defense and robotics.

DEEP DIVE
IPO

Why I'm Wary of This Week's Pre-Revenue IPO Rush

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IPO

Why I'm Wary of This Week's Pre-Revenue IPO Rush

Gravitics is reaching Nasdaq with zero revenue via reverse merger the same week Castelion raised private capital at 26x contracted revenue -- a pattern worth pushing back on before it becomes the default path for hardware startups.

THE VC READ
IPO

Nvidia's Investment Pullback Is a Signal for 2026's IPO Class

Illustration for: Nvidia's Investment Pullback Is a Signal for 2026's IPO Class
IPO

Nvidia's Investment Pullback Is a Signal for 2026's IPO Class

Jensen Huang has signaled Nvidia's stakes in OpenAI and Anthropic are likely its last private investments in either company -- a strategic recalibration ahead of both labs' expected public listings, not a vote of declining confidence.

DEEP DIVE
IPO

Why I'd Rather Back the Acquirer Than Wait for the IPO

Illustration for: Why I'd Rather Back the Acquirer Than Wait for the IPO
IPO

Why I'd Rather Back the Acquirer Than Wait for the IPO

Between Stripe buying OpenRouter and SpaceX buying Anysphere, $67.5B moved through M&A in six weeks. Anthropic's IPO won't price until November at the earliest. As an early check-writer, I'd rather back the company doing the buying.

THE VC READ